May 27, 2026 — The Maryland Agriculture and Resource-Based Industry Development Corporation (MARBIDCO) has launched a new program offering zero-interest disaster relief loans to commercial oystermen hurt by a difficult season, with both icy conditions and a broken sewage pipe impact their bottom lines.
“Through its new Maryland Seafood Industry Financial Assistance Fund, MARBIDCO is offering zero-interest disaster relief loans to help commercial oyster harvesters who are struggling financially due to poor market conditions, bad weather, and environmental calamity. MARBIDCO has USD 3 million (EUR 2.6 million) available to lend,” MARBIDCO said in its announcement.
